Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Total revenues $ 47,197 $ 50,190
Operating expenses:    
Property operating 15,999 15,344
General and administrative 4,949 4,309
Depreciation and amortization 24,504 28,166
Impairments 19,685 3,754
Transaction related 110 105
Total operating expenses 65,247 51,678
Other (expenses) income:    
Interest expense, net (8,146) (7,139)
Other income, net 163 36
Equity in loss of unconsolidated joint venture, net (116) (123)
Total other (expenses) income, net (8,099) (7,226)
Loss before taxes (26,149) (8,714)
Provision for income taxes (77) (160)
Net loss (26,226) (8,874)
Net income attributable to non-controlling interest (6) (11)
Net loss attributable to common stockholders $ (26,232) $ (8,885)
Weighted-average shares outstanding - basic (in shares) 55,803 56,642
Weighted-average shares outstanding - diluted (in shares) 55,803 56,642
Basic net loss per share attributable to common stockholders (in dollars per share) $ (0.47) $ (0.16)
Diluted net loss per share attributable to common stockholders (in dollars per share) $ (0.47) $ (0.16)
Rental    
Total revenues $ 46,995 $ 49,990
Fee income from unconsolidated joint venture    
Total revenues $ 202 $ 200